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All Forum Posts by: Lu Ng

Lu Ng has started 1 posts and replied 7 times.

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

ok so school in session

i bought it for 420k 

houses are being listed at 530k-550k, which i think are way too high.

i will be doing most the work, ( for sale by owner) 

i  can repair cost way keep it way under 20k (build by owner) (I'm a very handyman, non-licensed)

the 4th room and the patio is definitely not permitted 

my realtor is only taking 1& and 2& to the buyer

so, what are your opinion, comments, and advices? 

thanks a lot

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

thanks henry

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

can you break down the closing cost 

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

your right 

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

10% of 520,000 is 5,200

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

closing cost is that much?!!?!

wow!

Post: flipping a property

Lu NgPosted
  • San Clemente, CA
  • Posts 7
  • Votes 0

Hello there, i just purchased a home in garden grove california.

i begin work in a week. in the meantime i thought i would see if anyone would be interested in buying the home for off me for 460k arv 520k needs 15-20k in repairs

whats the best way to find property flippers?

thanks